Volkswagen CFO eyes speedy Porsche tie-up

WOLFSBURG, Germany (Reuters) - Volkswagen aims to integrate sports-car maker Porsche as soon as possible, although it dampened reports saying a tax-exempt method to complete the transaction has already been found. "We aim to complete the integrated automotive group as quickly as possible," Chief Financial Officer Hans Dieter Poetsch told journalists on the sidelines of a ceremony at VW's headquarters in Wolfsburg, Germany on Tuesday. ...

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WOLFSBURG, Germany (Reuters) - Volkswagen's finance chief said the car company would integrate sportscar maker Porsche as soon as possible, also signaling that media reports of a tax-exempt way to soon complete the transaction were exaggerated. "We aim to complete the integrated automotive group as quickly as possible," Chief Financial Officer Hans Dieter Poetsch told journalists on the sidelines of a ceremony at the VW headquarters in Wolfsburg on Tuesday. Business weekly WirtschaftsWoche reported on Saturday that holding company Porsche SE found a way to sell the remaining 50. ...

WOLFSBURG, Germany (Reuters) - Volkswagen aims to integrate sports-car maker Porsche as soon as possible, although it dampened reports saying a tax-exempt method to complete the transaction has already been found.

Volkswagen aims to integrate sports-car maker Porsche as soon as possible, although it dampened reports saying a tax-exempt method to complete the transaction has already been found. "We aim to complete ...

WOLFSBURG, Germany (Reuters) - Volkswagen's finance chief said the car company would integrate sportscar maker Porsche as soon as possible, also signaling that media reports of a tax-exempt way to soon complete the transaction were exaggerated.

It seems yet another (luxury) car maker did not get the "but it's the weather" memo. Following Mercedes record sales in January, Porsche has announced today that expects to hit a target of selling more than 200,000 sports cars next year, three years earlier than originally scheduled.

WOLFSBURG/FRANKFURT (Reuters) - Shares in Volkswagen jumped on Thursday after its agreement to buy the remaining half of sports car maker Porsche, which will end a protracted takeover struggle that sparked high-profile family feuds and investor lawsuits.

WOLFSBURG/FRANKFURT, Germany (Reuters) - Volkswagen AG moved closer to its aim of becoming the world's top car maker by buying up the remaining half of Porsche in a deal that ends a protracted takeover struggle that has sparked family feuds and investor lawsuits. The deal will enable VW to escape a tax bill of 1.5 billion euros. It also allows VW to speed up Porsche's integration into a multi-brand empire that aims to sell 10 million vehicles a year to become the world's no. 1 by 2018. ...